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company A and Company B are separate firms that are both considering a diamond exploration project. Company A is in the precious gem mining business

company A and Company B are separate firms that are both considering a diamond exploration project. Company A is in the precious gem mining business and has an after tax cost of capital of 13 percent Company B is in the precious gem retail business. Company B's after tax cost of capital is 10 percent. The project under consideration has initial costs of $315,000 and anticipated annual cash inflows of $57,000 a year for ten years. Which firms if either should accept this project?

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